Month: February 2024

Sam Bankman-Fried Seeks Lenient Sentence and to Appeal Conviction

Sam Bankman-Fried Seeks Lenient Sentence and to Appeal Conviction

Since Sam Bankman-Fried was convicted of fraud last year, he has hired a new lawyer known for courtroom showmanship. A group of sympathetic law professors has pushed for a reappraisal of his actions. And his parents have turned for help to former employees of FTX, the collapsed cryptocurrency exchange he founded.From a federal detention center in Brooklyn, Mr. Bankman-Fried, 31, has continued to fight his case behind the scenes, as he aims for a lenient sentence and prepares to appeal his conviction. On Tuesday, his lawyers filed a legal memo in U.S. District Court in Manhattan, arguing that he should…
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Live Updates: Israel Signals a Willingness to Free High-Profile Palestinians, Officials Say

Live Updates: Israel Signals a Willingness to Free High-Profile Palestinians, Officials Say

Prime Minister Mohammad Shtayyeh of the Palestinian Authority, the body that administers part of the Israeli-occupied West Bank, tendered the resignation of his cabinet on Monday, according to the authority’s official news agency.The decision follows diplomatic efforts involving the United States and Arab states, including Saudi Arabia, to persuade the authority to overhaul itself in a way that would enable it to take over the administration of Gaza after the war there ends.But it was unclear whether Mr. Shtayyeh’s resignation would be enough to revamp the authority or persuade Israel to let it govern Gaza. President Mahmoud Abbas, the most…
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Can You Recycle Medical Devices Like Insulin Pens, Inhalers and Covid Tests?

Can You Recycle Medical Devices Like Insulin Pens, Inhalers and Covid Tests?

Most of the plastic in your medicine cabinet is high-quality, medical grade — and devilishly difficult to safely dispose of, let alone recycle.The sorting equipment at standard recycling centers typically can’t handle small items, and wishfully including them only prolongs the sorting process that then increases the recyclers’ costs without salvaging the plastic. Some at-home medical products, like needles that have come into contact with bodily fluids, should not even be relegated to household trash.Governments and big pharmacy chains offer some guidance. For example, New York state’s Department of Environmental Conservation has a map of collection boxes for safely disposing…
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Eli Manning’s popular ‘Chad Powers’ skit to be made into Hulu comedy series starring Glen Powell

Eli Manning’s popular ‘Chad Powers’ skit to be made into Hulu comedy series starring Glen Powell

The name’s Powers. Chad Powers. And he’s coming (back) to a screen near you.Hulu ordered Eli Manning’s character “Chad Powers” to be made into its own comedy series, according to a company press release. Manning created and transformed into Powers for an episode of his docuseries “Eli’s Places” after Manning’s curiosity about the college football walk-on process led him to try out at Penn State under the pseudonym and disguise. With help from a special effects artist and Matthew McConaughey-like persona, Manning successfully tried out to be a Nittany Lion. He almost made it too, as Penn State assistants took…
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Odysseus Moon Lander Sends Photos Home Before Spacecraft Likely Dies

Odysseus Moon Lander Sends Photos Home Before Spacecraft Likely Dies

Odysseus, the American robotic spacecraft that landed on the moon last week, is likely to die in the next day or so.Communications with the toppled lander remain limited and will end when sunlight is no longer shining on the solar panels, Intuitive Machines, the Houston-based company that built and operates Odysseus, said on Monday morning.The company also released images that the spacecraft took as it descended, but none yet from the surface.Odysseus is the first American spacecraft to land on the moon since Apollo 17 in 1972, and the first private one ever to successfully set down there in one…
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Rents Are Falling. So Why Isn’t That Showing Up in Inflation Data?

Rents Are Falling. So Why Isn’t That Showing Up in Inflation Data?

The Federal Reserve may have a housing problem. At the very least, it has a housing riddle.Overall inflation has eased substantially over the past year. But housing has proved a tenacious — and surprising — exception. The cost of shelter was up 6 percent in January from a year earlier, and rose faster on a monthly basis than in December, according to the Labor Department. That acceleration was a big reason for the pickup in overall consumer prices last month.The persistence of housing inflation poses a problem for Fed officials as they consider when to roll back interest rates. Housing…
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